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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Lynches River Electric Cooperative Inc.

Lynches River Electric Cooperative Inc.

Fiscal year ending 2024. Filed on October 31, 2025.

PO Box 308
Pageland, South Carolina 29728

Lynches River Electric Cooperative Inc. (EIN: 57-0201923) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lynches River Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 74 total employees. Among the employees shown here, the average compensation is $200,198. The highest compensated employee at Lynches River Electric Cooperative Inc. is Brian W Broughton with fiscal year 2024 compensation of $283,884.

Revenue, expenses, and employee compensation

Revenue

$66,070,281

Expenses

$66,317,755

Employee compensation

$482,504
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brian W Broughton
Chief Executive Officer
$283,884
$214,284 No related comp$69,600
Dustin Catoe
Chief Financial Officer
$229,000
$168,630 No related comp$60,370
Gregory Jordan
Vice President Engineer/
$180,491
$123,594 No related comp$56,897
Joseph Wright
Crew Leader
$176,855
$125,819 No related comp$51,036
Thomas Gravitt
Staking TECH
$166,871
$125,442 No related comp$41,429
Alex Honeycutt
Lineman FIRS
$164,087
$130,739 No related comp$33,348

Benchmark Employee Compensation

Non-Employee Board Members

Kevin Sims
Trustee
$43,954
$43,954 No related compNo other comp
Cindy Vincent
Vice Chair
$36,054
$28,954 No related comp$7,100
Mike Crawford
Trustee
$25,820
$25,820 No related compNo other comp
Steve Chewning
Chair
$20,924
$20,924 No related compNo other comp
Harold Gardner
Trustee
$17,897
$10,222 No related comp$7,675
John T Blackwell
Trustee
$17,345
$17,345 No related compNo other comp
Billy King Jr
Trustee
$14,126
$14,126 No related compNo other comp
Theresa S Hicks
Secretary and Treasurer
$13,850
$13,850 No related compNo other comp
Myrtle L Faile
Trustee JAN
$4,975
$4,975 No related compNo other comp
Lyn Gardner
Trustee OCT
$3,675
$3,675 No related compNo other comp

Contractors

Southeastern Limb & Tree
Right of Way
$2,643,647
Lee Electrical Construction
Utilities
$771,381
Cram Industries LLC
Broadband
$487,397
Momentum Telecom Inc.
Telecom
$141,285
Fiber Optics Solutions LLC
Fiber Install
$110,209

Mission Statement

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Revisions to this organization profile

October 31, 2025:
2024 Lynches River Electric Cooperative Inc. 990 filed
November 15, 2024:
Amended (originally filed November 8, 2024)2023 Lynches River Electric Cooperative Inc. 990 filed
November 15, 2023:
2022 Lynches River Electric Cooperative Inc. 990 filed

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